Russian President Vladimir Putin said on Thursday he supports China’s position that its ongoing tariff dispute with the United States should be resolved through dialogue.
Speaking in the early hours during a meeting with senior editors of news outlets, Putin emphasized the importance of balanced trade and underscored the potential for a negotiated solution.
“I agree with our Chinese friends here – we need to do this calmly, in the course of the negotiation process, and it is absolutely possible to achieve the desired result,” Putin said.
He added he believed Washington would eventually shift its stance.
“I have no doubt at all that the United States will eventually come round to this.”
The remarks come amid heightened global trade tensions, as the U.S. considers new tariffs and China continues to push for diplomacy over confrontation.
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Air Canada and the union representing 10,000 striking flight attendants resumed initial talks on Monday night, the first contact in nearly a week, according to a statement from the Canadian Union of Public Employees (CUPE).
SoftBank has taken a $2 billion equity stake in Intel, becoming its sixth-largest shareholder as the U.S. chipmaker seeks to recover from mounting losses.
Asian stocks and oil prices slipped on Tuesday ahead of a major central bankers’ meeting, as investors weighed positive signals from peace efforts between Russia and Ukraine.
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